Coal news and updates

Tata Power's net up 6%, rev up 4% in Q1

 Tata Power has reported a Profit After Tax (PAT) of Rs 1,262 crore during April-June quarter of 2025-26 (FY26) up 6 percent as compared to Rs 1,189 crore during the year-ago quarter, according to BSE filing.

“We have commenced FY26 on a high note, with strong performance across all our business verticals. Our renewable energy portfolio continues to exceed expectations, as we drive innovation, scale, and efficiency across the clean energy value chain. Our Generation and T&D businesses are delivering impressive gains. Our discoms are providing reliable electricity to around 13 million customers. Through its all-round performance, our Odisha Discoms have emerged as the national model of discom reforms. In-line with our target to reach 40 million customers by 2030, we have applied for license to expand our distribution footprints in key growth areas of Maharashtra. We are proud to contribute towards India’s energy transition with a generation portfolio exceeding 26 gigawatts (GW) (including projects under development), over 65 percent of which comes from clean, green sources,” said Praveer Sinha, CEO and Managing Director, Tata Power.

During Q1 FY26, the company’s revenue rose to Rs 17,464 crore, up by 4 percent as compared to Rs 16,810 crore during the year-ago quarter. During the quarter, EBITDA stood at Rs 3,930 crore, up by 17 percent as compared to Rs 3,350 crore during Q1 FY25.

During Q1 FY26, the power behemoth commissioned 94 megawatt (MW) renewable energy (RE) capacity, total operational renewable capacity stands at 5.6 GW.